£625,466
This estimated value is based upon the latest sale price for the house of £410,000 on 8 Aug 2014. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £410,000 | 8 Aug 2014 |
| £165,000 | 26 Apr 2002 |
| Detached |
| Freehold |
| Floor Area: 232 sq meters or 2,497 sq feet |
This model uses changes in the Official Land Registry House Price Index for LINCOLNSHIRE to estimate the market value.
When this house was purchased in August 2014 the House Price Index for LINCOLNSHIRE was 98.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 52.553%.Applying this 52.553% change to the original purchase price of £410,000 results in an estimated price of approximately £625,466.
| 8 Aug 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.1 | 149.7 | 52.553 % | £410,000 | £215,466 | £625,466 |
The Postcode Pricing Model uses changes in average sales price within the NG34 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 52.918 % | £216,964 | £626,964 |
| 3 Month Average | 55.230 % | £226,442 | £636,442 |
| 6 Month Average | 43.745 % | £179,354 | £589,354 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Aug 2024 | £2,350,000 | £2,350,000 | J L PRIESTLEYS LTD COMMERCIAL WAY |
| 1 Mar 2024 | £162,497 | £160,000 | 20 THE HOPLANDS |
| 13 Dec 2023 | £258,957 | £251,000 | PLOT 3 PRIDE PARKWAY |
| 25 Aug 2023 | £509,184 | £500,000 | S B S HOUSE PRIDE PARKWAY |
| 7 Aug 2023 | £539,735 | £530,000 | 1 PRIDE PARKWAY |
This house has a floor area of 232 sq meters or 2,497 sq feet when measured on 10 May 2013. Using an estimated price of £625,466 means this house is valued at £2,695 per sq meter (£250 per sq foot).
The average size of a house on EAST ROAD is 373 sq meters (4,017 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near A153 |
| Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near A153 |
| Sep 2024 | Anti-social behaviour | On or near A153 | |
| Sep 2024 | Anti-social behaviour | On or near A153 | |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near A153 |